The Latest
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Bob’s Discount Furniture CFO stresses need for pricing elasticity
Providing an “emotional price point” attracts consumers as they confront a world roiled by “perma-crisis,” Bob’s Discount Furniture CFO Carl Lukach said.
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Sponsored by Woodrow
Vibe coding got finance excited about AI. Now what?
Finance teams are finally pulling the AI lever themselves. The real test starts after the prototype.
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Nike cuts 1,400 roles as it reshapes technology team
The athletic apparel brand’s layoffs follow a pattern of tech job losses in 2026, as companies assess talent needs amid AI deployment strategies.
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IFS hires Atlas, Berkshire Hathaway alum for CFO role
Ryan Courson joins the industrial AI software provider as it seeks to raise its profile with tie-ups to Cadillac Formula 1 racing and the Chelsea Football Club.
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Opinion
What CFOs can learn from America’s interstate highway system
Banking providers should be seeking to build a “financial highway” in North America, Scotiabank’s John Hunter writes.
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Consumer sentiment sags to record low following gas price surge
Consumer expectations for inflation over the long term increased this month to 3.5%, the highest level since October 2025.
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P&G expects $150M earnings hit from Middle East conflict
Amid the disruption, the company is using tools such as data analytics to support rapid product reformulation and supplier diversification, CFO Andre Schulten said.
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FASB steps toward extending ‘portfolio layer’ hedge rules to liabilities
The insurance industry has long sought the change for hedge accounting related to life insurance policies and other interest-rate sensitive liabilities.
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Expedia names ex-Snap CFO as finance chief
Snap CFO Derek Andersen will succeed Scott Schenkel as finance chief for the travel platform beginning May 11.
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WVU’s incoming CFO cited in Ohio State probe
Days after being named CFO of West Virginia University, Chris Kabourek has been embroiled in an ongoing scandal surrounding his previous employer.
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The AI journey isn’t a ‘sprint,’ Trintech CFO says
As business leaders responsible for “mission-critical” processes, CFOs should focus on ensuring that artificial intelligence is reliable and auditable, Trintech CFO Omar Choucair said.
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ServiceNow CFO says Middle East conflict delayed large deals
The finance chief said several Middle East on-premise deals slipped during the first quarter though the software firm’s full-year outlook remains in tact.
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Iran war slows growth in services, manufacturing: S&P Global
Worries about war-induced inflation, supply bottlenecks, the cost of living and government policy have eroded sentiments among services companies, S&P Global said.
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CFOs feel healthcare pain rising as GLP-1s stretch budgets: Mercer
Average healthcare costs for U.S. employers are expected to rise 6.7% this year, hitting a 15-year high.
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Ex-CFO embezzled $1M for luxury purchases, Chicago jury finds
Former CFO Tina Feuerstein used a company Amex to make thousands of dollars in purchases at luxury brands, according to the indictment.
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Job seekers avoid postings with no salary transparency, report finds
The findings suggest candidates are paying attention to compensation as well as what job postings signal about fairness and respect for their time, Monster says.
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Gummy bear-maker Haribo of America CFO departs
Haribo of America’s former CFO Wes Saber helped develop the candy maker’s first U.S. factory, which opened in Wisconsin in 2023.
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Warsh says he would not be Trump’s ‘sock puppet’ on monetary policy
Kevin Warsh during testimony to a Senate committee blamed Federal Reserve policymakers for stubborn, above-target inflation.
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Snap Inc taps VP of finance for CFO
Snap’s Doug Hott is set to step in as CFO as the company lays off 16% of its workforce and increases its focus on AI.
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Workday preps AI tool aimed at fraud, error detection in finance
The company is pitching a future where AI agents constantly perform tasks for CFOs — what Workday’s CEO has described as “lights-out finance.”
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Fermi shares slump after CEO, CFO step down
The company, which is developing private electric grids to deliver power at the scale needed for AI, was co-founded by former U.S. Energy Secretary Rick Perry.
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Former CEO, ex-CFO of AI company charged with fraud
The ex-CEO and CFO fabricated “virtually all” of the once $1.4 billion — now-defunct — AI company’s revenue, according to the charges.
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Q&A
AI payoff remains distant as firms keep spending, PwC finds
Meaningful gains from AI are still at least a year away for most companies, as finance chiefs face growing pressure to deliver results.
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AI expansion fuels robust M&A despite supply shocks: EY
Dealmakers in coming months will need to take into account Middle East turmoil and other economic strains, according to EY-Parthenon Chief Economist Greg Daco.
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FASB cautiously advances new stablecoin guidance
The crypto industry has called for more clarity on stablecoin, but some critics say treating the assets as cash incorrectly signals they are safer than they are.
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PepsiCo CFO says inflation ‘will come’ as Iran conflict adds risk
PepsiCo maintained its outlook, but its CFO flagged the risk of increased inflation, adding to a growing chorus of corporate warnings.